Skip to main content

AmTrust Title Partners With CertifID on Wire Fraud Prevention
Oct 10, 2018
CertifID has announced a key milestone. From late 2017 to December 2018, the system has protected more than $1.2 billion from wire fraud

AmTrust Title has partnered with CertifID and has announced that it will cover the costs associated with the transactional use of CertifID for its network of title agents, nationally. Amtrust Title will pay for the use of CertifID on all Amtrust-AmTrust Title has partnered with CertifID and has announced that it will cover the costs associated with the transactional use of CertifID for its network of title agentsinsured transactions. CertifID allows title agencies to securely send and confirm wiring instructions and guarantees each wire up to $1 million. The platform uses proprietary digital device analysis and knowledge-based authentication sequencing to verify the identity of both parties engaging in a wire transaction.
“After talking to title agents from around the country, we found that wire fraud is one of the biggest risks facing their operation today,” said Jason M. Gordon, President of AmTrust Title. “We are making a conscious decision to offer the use of CertifID to protect them and their customers from loss.”
AmTrust title agents will join with CertifID’s current client base to take advantage of streamlining the flow of wire information to their customers, without the need for additional usernames and passwords. It also eliminates the necessity for agents to make countless phone calls to validate wire information saving valuable processing time.
“AmTrust Title has just made it easier than ever for independent title agents to protect themselves,” said Tom Cronkright, Chief Executive Officer and Co-Founder of CertifID. “Unfortunately, the growth of wire fraud is outpacing industry awareness of this epidemic. When a leader like AmTrust Title makes this kind of statement, we’re taking a huge step in the right direction.”

Oct 10, 2018
More from
ICE Makes Enhancements To Its Mortgage Prepayment Model

The Intercontinental Exchange, Inc. made enhancements to its mortgage prepayment model with daily residential mortgage rates from ICE Mortgage technology.

Jul 27, 2021
Liquid Mortgage Technology Supports Efficient Debt Market

Liquid Mortgage received a U.S. patent for its distributed ledger technology to support its future vision of efficient and transparent debt markets.

Jul 22, 2021
Rocket Expands Home Search Tool To All 50 States

Rocket Homes announced its growing home search tool now includes listings from all 50 states.

Jul 21, 2021
Better's One-Click Checkout Now Offers Title Insurance For Refi's

Better announced it has been licensed as a title insurance provider for refinance transactions through Better Settlement Services (BSS) in Virginia. 

Jul 20, 2021
Fairway Independent Mortgage Uses Doma To Improve Refinance Business

Doma Intelligence platform will remove key points of friction and frustration that affect traditional mortgage closings.

Jul 16, 2021
Total Expert For Salesforce Improves Customer Engagement

Total Expert announced their integration with Salesforce to enable marketing and customer engagement on behalf of advisors, loan officers, and personal bankers. 

Jul 15, 2021